The EU share in the global economy in the coming years will fall, said Juncker

The share of the EU economy in the global economy will fall in the coming years, said the head of the European Commission Jean-Claude Juncker at the conference on Tuesday.

He noted that the EU economy loses speed, but loses significance in the world.

«We present today 23-24-25% of global GDP, and in a few years we go below,» said he.

Earlier, the head of stabilization Fund of the Eurozone – the European stability mechanism (ESM) Klaus Regling said that the share of the European economy in the world will fall to 9% by 2050 from the current about 23%. Also in 1970, the figure was about a third.